CoStar (CSGP) sees FY revenue outlook between USD 3.7-3.82bln (exp. 3.82bln); to buy back shares for USD 1.5bln
CoStar's revenue outlook for the fiscal year falls slightly short of expectations, suggesting potential challenges ahead, especially if earnings miss consensus.
US PRE-MARKET MOVERS: MBLY, MSTR, MCD, AIR, VTYX, STAA, META, LOW, JPM, CSGP
US is carrying out operation to seize Venezuela-linked tanker formerly known as Bella-1, reports Reuters citing US officials
CoStar (CSGP) sees FY revenue outlook between USD 3.7-3.82bln (exp. 3.82bln); to buy back shares for USD 1.5bln
US BROKER MOVES: ALB upgraded at Baird; ASTS downgraded at Scotiabank
Warner Bros Discovery (WBD) chair says they would be open to a potential transaction with Paramount (PSKY)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
However, the planned $1.5 billion share buyback could support the stock price by signaling confidence in its long-term value, and may attract investors despite the mixed revenue guidance. Watching how the market responds to both elements will be key today.
Related headlines
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded2 days ago
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print1 day ago
- Trump removes 50% tariff on bulk Canadian whisky and liquers, effective September 15th2 days ago
- Newsquawk European Market Wrap - 11th September 20262 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+1 day ago
- Russian senior diplomat Ushakov says President Putin and Indian PM Modi discussed Ukraine during talks in New Delhi2 days ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- US President Trump reiterates USD 5k payment to all US adults will happen 1 day ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources1 day ago
- US President Trump reiterates that Iran will never possess a nuclear weapon2 days ago
- Saudi Arabia has signaled a potential willingness to launch a major unilateral military operation against the Houthis, though Riyadh has not yet reached a final decision, according to ABC1 day ago
- A high-ranking Iranian security and political source told Al Mayadeen that contrary to claims and intimidation tactics, US President Trump is seeking to return to negotiations with Iran1 day ago
- Germany is developing a pharmaceutical pricing proposal for the Trump administration in an effort to avert potential US tariffs on German goods, reports Politico citing sources1 day ago
- Fed court reportedly blocks Trump order to keep Michigan coal plant open2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Google (GOOGL) just completed its USD 1.5bln-plus deal for AI startup Mechanize, reports Business Insider1 day ago
- Paypal's (PYPL) new chief executive, Enrique Lores, is mapping out his plans for going it alone rather than selling the company for more than USD 50bln, reports WSJ1 day ago
The whole workspace, free to try.
Try it free